Kahay2021
Kahay2021 Kahay2021
  • 01-04-2020
  • English
contestada

How does the prime rate affect an APR

Respuesta :

DoYou DoYou
  • 01-04-2020

Answer:

The Federal Reserve increases the federal funds rate, which causes the prime rate to increase, which means your credit card APR increases. As the prime rate rises, it becomes even more important to look for a low APR credit card, such as Barclaycard Ring.

try and put it in your own words

Explanation:

Answer Link

Otras preguntas

6x3=15+3=18 explain the calculation
Gretchen made $56,750 last year. She paid $1,200 in student loan interest and made a $3,000 contribution to her IRA. On her federal tax return, she will claim $
Which words in the sentence are an appositive phrase? A piano, an old upright, had been stored in the basement. a. in the basement b. a piano c. had been store
Which of the following figures was not a major leader of a Latin American independence movement? A. Francisco de Miranda B. Ignatius of Loyola C. Father Hida
The ability to obtain nutrients, take in oxygen, and transform these items to energy and cellular components is called _____.
Shelby has ten $5 bills and thirteen $10 bills how much money does Shelby have in all
Why is it important that the phospholipid bilayer be both hydrophobic and hydrophilic?
The perimeter of a rectangular sandbox is 28ft. The length is six times the width.
find the x- and y- intercepts of the line with the equation 3x+4y=-12
Preventative medicines that contain antibodies are called a. vaccines b. antitoxins c. pathogens d. antibiotics